Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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Record #:
36252
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Rocky Mount’s journey on the road to economic prosperity involved joining the old with the new. Involved with the journey were businesses such as the CSX Carolina Connector Intermodal Rail Terminal and Rocky Mount Mills, predicted to produce substantial job growth.
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Record #:
30212
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Banks that serve rural communities, such as First Bank in Moore County, are being challenged by North Carolina's population growth. As urban areas expand, banks are searching for a way to expand into the Charlotte, Triangle and Triad regions effectively while maintaining their commitment to smaller towns. In this article, bankers discuss the banking industry and its future.
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Business North Carolina
(NoCar HF 5001 B8x), Vol. 36 Issue 6, June 2016,
p58-61, il, por
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Record #:
30474
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The interplay between interest deductions and the calculation of net operating losses presents a particular problem in some states. North Carolina banks operating in Maryland may not be getting the full benefit of the deduction for interest on federal obligations to which they are entitled. This article provides an example of how a state’s interpretation of its tax laws can adversely affect a North Carolina bank.
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Record #:
30481
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The United States Department of Justice launched Operation Choke Point in 2013 to investigate banks and payment processors for consumer fraud. North Carolina member banks, who have reported banking relationships with pawn shops, firearm dealers and cigar shop accounts, have been specifically scrutinized by the federal financial regulators.
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Record #:
30482
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A new documentary film entitled, Making Bank, covers North Carolina’s rich banking history and economies, and how the state became a leader in the financial services industry. The film features visionary government and business leaders, and examines the current state of the commercial banking industry.
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Record #:
30483
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Morris Plan Banks played a significant role in North Carolina’s banking industry, as well as the United States economy throughout much of the twentieth-century. Although Morris Plan Bank disappeared via a merger in 2002, the bank’s founder, Arthur Morris, left a legacy in banking and consumer credit. This article profiles Morris and how he invested money to develop commercial banks and credit life insurance plans.
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Record #:
30485
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Community Bank Services (CBS) has been in business since 1980, looking for business partnerships that can help benefit North Carolina’s banks and economy. The partnership between CBS and Plexus Capital led to the development of a more efficient model for business operations and capital.
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Record #:
21140
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A number of forces--tax and regulatory reform, consolidation, technology, and interest rates--are changing the face of banking in North Carolina. Business North Carolina and the North Carolina Bankers Association put together a panel of seven experts to answer questions such as can there be regulations and still prosperity for banks and how is technology changing the industry.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 33 Issue 10, Oct 2013,
p14-19, por
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Record #:
30397
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Economists for the North Carolina Bankers Association discuss the potential impact of several factors on economic growth and future bank profitability. The housing market has improved, and stock markets are at five year highs and record levels. However, the state unemployment rate remains one of the highest in the nation, and bank profitability is likely to decline.
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Record #:
30399
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The Community Investment Corporation of the Carolinas (CICCAR) was formed in 1990 by the North Carolina Bankers Association as a regional lending consortium offering permanent debt financing to support the development of affordable multifamily housing. Some of the benefits associated with CICCAR membership include minimizing lending risk, enhanced lending opportunities, and financial return.
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Record #:
30401
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There are significant forces of change occurring that will have great implications on the banking business in North Carolina and across the nation. This article discusses regulations of the financial industry, such as the Dodd-Frank Act, and the impacts on banking.
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Record #:
30402
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Forest Commercial Bank was one of the last de novo banks chartered in North Carolina. John Kimberly, president and CEO of Forest Commercial Bank in Asheville, explains how the bank was formed and how it has grown and prospered. Kimberly also discusses how the bank has been impacted by the Dodd-Frank Act and recent banking regulations.
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Record #:
30413
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The Community Investment Corporation of the Carolinas (CICCAR) is a regional lending consortium offering permanent debt financing to support the development of affordable multifamily housing. This article provides information about the origins and operation of the program, its impact upon affordable housing, and potential changes in the program.
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Record #:
24132
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Campbell recounts his interview with Hugh McColl Jr., the former CEO of the largest bank in the nation, Bank of America Corp. Hugh discusses what influenced him to take a position at a bank and later build his fortune as CEO.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 32 Issue 11, November 2012,
p42-45, por
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Record #:
30343
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Social media may have started out as a social experiment, but now it has developed into a wide-spread marketing platform that is continuously pushing the boundaries of modern business. This article gives examples of banks in North Carolina that have incorporated social media and technology into their banking services, and discusses how social media can enhance relationships with customers.
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